US monetary policy blamed for China stock market losses

15.09.2022

China stocks on Wednesday tracked a slump in global markets, after hotter-than-expected U.S. inflation data fuelled bets for more aggressive rate hikes by the Federal Reserve.

The blue-chip CSI 300 Index lost 1.2% by the end of the morning session, while the Shanghai Composite Index was down 1%.

The Hang Seng Index...